Mastercard has named former ambassador Jon Huntsman, Jr. as its strategic growth president. “Jon’s unique experience spanning four decades in public and private sectors will be extremely valuable as we build the future of Mastercard,” company CEO Michael Miebach said in a news release Monday (March 11). “He will play...
Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in February 2025 and aims to create a flexible and interconnected ocean network with industry-leading reliability, the companies said in a...
In the world of social media, influencers have been joined by deinfluencers. These emerging social media personalities are challenging the fast fashion movement and encouraging their followers to buy less junk, Bloomberg reported Friday (Jan. 12). The term “deinfluencer” refers to individuals who reject overhyped...
PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that have shaped business in 2023. Their responses show critical trendlines to watch in the new year. Mangopay CEO Romain Mazeries says artificial...
December 27, 2023
As H&M works to attract a new set of shoppers, while Shein and Zara pick up more market territory in the fast fashion landscape, Mango, the Spanish retailer, is fortifying its presence in the U.S. Mango has announced plans to unveil its inaugural stores in Washington, D.C. and Pennsylvania next year. The retailer has set its […]
October 12, 2023
The nail salon industry, for the most part, has remained relatively stagnant over the years. When you decide to get your nails done, you’re often faced with a binary choice:...
October 04, 2023
Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific factors contributing to The RealReal’s...
August 31, 2023
When Patagonia exited the business of creating company swag, it was almost as if it was the end of an era of the unofficial uniform for finance bros everywhere. However, despite Patagonia’s...
March 11, 2024
Mastercard has named former ambassador Jon Huntsman, Jr. as its strategic growth president. “Jon’s unique experience spanning four decades in public and private sectors will be extremely valuable as we build the future of Mastercard,” company CEO Michael Miebach said in a news release Monday (March 11). “He will play a pivotal role in helping advance our approach to commercial […]
January 17, 2024
Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in February 2025 and aims to...
January 12, 2024
In the world of social media, influencers have been joined by deinfluencers. These emerging social media personalities are challenging the fast fashion movement and encouraging their followers to buy less...
November 07, 2023
Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital to expand its marketplace offerings,...
